In today’s always-on business world, organizations can hardly afford a moment of downtime. According to a 2024 study by Information Technology Intelligence Consulting, 91% of companies report that an hour of downtime costs over $300,000. These statistics alarm about the critical importance of system reliability, which can affect business continuity, revenue, and customer trust. Ensuring seamless data availability helps businesses [...]

In today’s technology-driven business reality, organizations are increasingly turning to various types of IT managed services to enhance operational efficiency, improve security, and focus on core functions. According to recent information from Fortune Business Insights, the global managed services market is projected to grow from USD 297.20 billion in 2024 to USD 878.71 billion by 2032, exhibiting a CAGR of [...]

Choosing the right IT service model is crucial for ensuring your business stays competitive, cost-efficient, and adaptable in today’s ever-evolving digital landscape. According to Grand View Research, the global managed services market size was estimated at USD 299.01 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2030. This prognosis [...]

According to Gartner, global IT spending is expected to reach $5.06 trillion in 2024 which is an increase of 8% compared to the previous year. This forecast demonstrates the critical role of IT investments in business growth and strategy. Understanding the growing importance of technology for organizations’ strategic development and competitive advantage, IT leaders recognize the need to adopt the [...]

Strict regulations. Newly emerging and rapidly evolving technologies. Advancing competitors. Increasingly demanding customers. These challenges occupy a large part of the strategic horizon of financial organizations. Human capital and time resources are often insufficient to drive the development of existing products. What’s left for the need to explore and implement innovative solutions? This article discusses the advantages and practical uses [...]